NEW YORK ( TheStreet) -- The ex-dividend date for Cooper Industries PLC (NYSE: CBE) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $51.95 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Cooper Industries PLC has been 2.1 million shares per day over the past 30 days. Cooper Industries PLC has a market cap of $8.48 billion and is part of the conglomerates sector and conglomerates industry. Shares are down 10.3% year to date as of the close of trading on Wednesday. Cooper Industries plc manufactures and sells electrical products. It operates in two segments, Energy and Safety Solutions, and Electrical Products Group. The company has a P/E ratio of 14.1, above the average conglomerates industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.
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